OKFALLSDAILYNEWS.COM: Latest News

Latest News: Business

07/19/2019

Trump meets with airline CEOs over Qatar subsidy accusations U.S. President Donald Trump met on Thursday with the chief executives of major American airlines to discuss their accusations that subsidies by Qatar and United Arab Emirates are costing jobs in the U...
01:24, 07/19/2019

Microsoft shares hit record highs, powered by growing cloud sales Microsoft Corp on Thursday beat analysts' estimates for fourth-quarter revenue and profit, driven by continued sales increases from its cloud business and sending its shares to all-time highs....
01:24, 07/19/2019

As FaceApp Goes Viral, So Do Concerns About Privacy, Russia Ties Just as quickly as a free photo-editing app went viral among smartphones users this week, it drew a backlash that exposed growing concerns about digital privacy and the potential for abuse from overse...
01:12, 07/19/2019

Ailing BMW Appoints Production Chief Zipse as Next CEO BMW said it would appoint its current head of production, Oliver Zipse, as its next chief executive as the German auto maker contends with shrinking profits, global trade fights and the intensifying r...
01:12, 07/19/2019

New York Fed Says Williams Wasn't Sending Specific Policy Signal in Speech New York Fed President John Williams didn’t intend to suggest Thursday that the central bank might make a large interest rate cut this month, a spokesman said....
01:12, 07/19/2019

WeWork Co-Founder Has Cashed Out at Least $700 Million Via Sales, Loans Adam Neumann, co-founder and largest shareholder of WeWork Cos., has cashed out more than $700 million from the company ahead of its initial public offering through a mix of stock sales and debt, peop...
01:12, 07/19/2019

Blackstone reports better-than-expected Q2 distributable earnings Blackstone Group Inc , the world's largest manager of alternative assets such as private equity and real estate, said on Thursday its distributable earnings in the second quarter rose 1% year-on-year,...
00:24, 07/19/2019

Trump to meet airline executives to discuss 'competition and transparency' U.S. President Donald Trump will meet with top executives from a handful of airlines on Thursday to discuss "competition and transparency," a White House official said....
00:24, 07/19/2019

Southwest schedules without Boeing 737 MAX until Nov. 2, freezes pilot hiring Southwest Airlines Co joined U.S. rivals on Thursday in cancelling more flights until early November due to the continued grounding of Boeing Co's 737 MAX, which has also prompted the low-cost carri...
00:24, 07/19/2019

BMW promotes Oliver Zipse to CEO German luxury carmaker BMW on Thursday named 55-year-old Oliver Zipse as its new chief executive, continuing a tradition of promoting a manufacturing expert to the top job....
00:24, 07/19/2019

U.S. tells T-Mobile, Sprint to wrap up divestiture deal: source The U.S. Justice Department has told T-Mobile US Inc and Sprint Corp to wrap up a deal by the end of next week to sell assets that need to be divested or face a lawsuit aimed at stopping their propo...
00:24, 07/19/2019

Oil falls about 2.5% as U.S. Gulf production returns Oil fell about 2.5% a barrel on Thursday, weighed down by weakness in U.S. equities markets and an expectation that crude output would rise in the Gulf of Mexico following last week's hurricane in the...
00:24, 07/19/2019

BMW picks Oliver Zipse as new CEO BMW said Oliver Zipse will become chief executive on Aug. 16, picking the 55-year-old manufacturing expert to help the German automaker make the shift to electric and self-driving cars and tackle new...
00:24, 07/19/2019

Trump to meet with airline CEOs on Qatar flights U.S. President Donald Trump planned to meet on Thursday with the chief executives of major American airlines and Qatar Airways to discuss their accusations that subsidies by Qatar and United Arab Emir...
00:24, 07/19/2019

Union Pacific cost cuts sheltered profit amid freight slowdown Union Pacific Corp on Thursday reported a quarterly profit that beat Wall Street estimates, as the U.S. railroad operator cut costs and raised rates to overcome disruptions from record floods in the ...
00:24, 07/19/2019

Netflix sinks on subscriber losses, analysts still see growth Wall Street brokerages stuck to a positive outlook on Netflix Inc on Thursday, betting that a strong content slate for the rest of 2019 would reverse shock second-quarter losses in U.S. subscribers t...
00:24, 07/19/2019

Stocks gain on Fed rate cut optimism; oil drops A gauge of global stocks advanced on Thursday, erasing declines on a late rally after comments from a U.S. Federal Reserve policymaker heightened expectations for a rate cut, while oil prices dropped ...
00:24, 07/19/2019

Goldman Sachs' equities-backed earnings results may face pressure Booming stock markets around the globe helped Goldman Sachs Group Inc offset declines in other businesses last quarter, but those gains may not be sustainable, analysts said....
00:24, 07/19/2019

Trump wants weaker dollar but it could be a hard sell President Donald Trump wants a cheaper dollar, saying earlier this month the United States should match what he says are efforts by other countries to weaken their own currencies - giving them an unfa...
00:24, 07/19/2019

Wall Street rises as Fed's Williams cements rate-cut expectations U.S. stocks moved higher on Thursday after a slow start as comments from New York Fed President John Williams helped cement expectations for an interest rate cut from the U.S. central bank at the end ...
00:24, 07/19/2019

Microsoft beats estimates, powered by growing cloud profits Microsoft Corp on Thursday beat analysts' estimates for fourth-quarter revenue and profit, powered by continued sales increases from its cloud business and a boost from businesses upgrading Windows....
00:24, 07/19/2019

Boeing takes $4.9 billion charge for prolonged grounding of 737 MAX planes Boeing Co said on Thursday it would take an after-tax charge of $4.9 billion in the second quarter on estimated disruptions from the prolonged grounding of its lucrative 737 MAX passenger planes afte...
00:24, 07/19/2019

While Washington Talks Antitrust, Europe Takes Action The European Commission fined chipmaker Qualcomm €242 million for luring Chinese phone makers with low prices, forcing a British rival out of the market....
00:12, 07/19/2019

Pentagon: 2,100 more troops headed to U.S.-Mexico border in Texas An additional 2,100 troops, including 1,100 active-duty service members and 1,000 Texas National Guard soldiers, will be deployed to the U.S.-Mexico border "in the next several weeks," the Pentagon an...
22:12, 07/18/2019

Federal regulators eye update to rules governing children’s privacy and the Internet Federal regulators this week commenced a new effort to update and potentially expand the children's-privacy laws, questioning whether swift advancements in technology have outpaced rules meant to prot...
22:00, 07/18/2019

More than 50 major companies, from Apple to Nintendo, pull production from China because of the trade war But rather than move their operations to the United States, as President Trump urged, many of these companies are aiming to rebuild their supply chains abroad, primarily in Southeast Asia....
22:00, 07/18/2019

Morgan Stanley's rich clients withdrew a surprising amount from accounts to pay their taxes Wealthy clients liquidate some investments every year to cover their tax bill, so presumably this was higher than what Morgan Stanley has seen previously....
21:48, 07/18/2019

|Here'swhattheratecutcouldmeanforthepropertymarket Property industry leaders say the rate cut could give the housing market a much-needed boost - although at least one says the MPC "should have been bolder"....
21:48, 07/18/2019

|MutedsessionfortheJSEascentralbankcutsrates The JSE had a relatively muted session on Thursday as it struggled to find direction ahead of the South African Reserve Bank’s interest rate decision....
21:48, 07/18/2019

|RamaphosabacksGordhan:Letthelawtakeitscourse President Cyril Ramaphosa said the office of the Presidency would not be used as an executive hit squad to remove politicians that some MPs did not like, especially when those officials were fighting ...
21:48, 07/18/2019

|Randralliesonnewsofratecut The rand climbed against every G10 currency on Thursday afternoon, despite the South African Reserve Bank cutting interest rates for the first time since March 2018....
21:48, 07/18/2019

|MagashulespeechtakesaimatReserveBank,again ANC secretary general Ace Magashule on Thursday condemned "gatekeepers", whom he said censured him for his remarks about the ownership and mandate of the South African Reserve Bank....
21:48, 07/18/2019

|Eskom,Gautenggovttocrackdownonillegalconnections,supplyproblems Eskom and the Gauteng provincial government have agreed to work together to deal "decisively" with ongoing disruptions in the supply of electricity in several areas in the province, Eskom said in a st...
21:48, 07/18/2019

|WewillnotabandonB-BBEE-Ramaphosa President Cyril Ramaphosa has told MPs that while the pace of investment and economic transformation has been slow, it has not been insignificant, and the African National Congress-led government will...
21:48, 07/18/2019

|Netflixstockplungesasstreaminggiantfaces'difficultroadahead' Netflix has shocked investors by reporting a drop in US customers and much slower growth overseas, raising fears that the streaming giant is losing momentum just as competitors prepare to pounce....
21:48, 07/18/2019

|WhenwillBoeing737Maxflyagain?FAAhasnotimeline US aviation regulators have no timeline for returning Boeing’s grounded 737 Max to service and won’t act until they are sure it is safe, the nation’s top transportation official said on Thursday....
21:48, 07/18/2019

Oil data provider Argus pulls plug on £2bn sale The energy information provider Argus Media has called off talks about the sale of part of its biggest shareholder's stake after weeks of negotiations....
21:12, 07/18/2019

Martin Shkreli's Conviction Upheld by Appeals Court A federal appeals court upheld the securities-fraud conviction of Martin Shkreli—the former pharmaceutical executive who became known as the “Pharma Bro.” The appeals court ruled the trial judge corre...
20:36, 07/18/2019

Union Pacific Cuts Costs, Bolsters Profit The railroad operator’s second-quarter profit rose even as it shipped less cargo, as the company got a boost from cost cuts tied to its new operating plan, including fewer jobs and lower fuel expenses...
20:36, 07/18/2019

Crunch Time for Nissan CEO Nissan Motor’s Hiroto Saikawa will face greater scrutiny from the company’s new board, two directors said, adding pressure on the chief executive to revive the fortunes of the Japanese car maker....
20:36, 07/18/2019

Trump Administration, Congress Have Agreed on 'Top-Line' Spending Levels, Mnuchin Says Treasury Secretary Steve Mnuchin said Congress and the Trump administration have agreed on overall spending levels and raising the U.S. government’s borrowing limit for two years....
20:36, 07/18/2019

We Tested 5G Across America. It's Crazy Fast---and a Hot Mess Our columnist went on a multicity 5G testing tour and discovered warm summer temperatures prevent the fifth generation of cellular networking from working well on Samsung’s Galaxy S10 5G phone....
20:36, 07/18/2019

Budweiser Brewer Explores Asset Sales After Calling Off Asia IPO Anheuser-Busch InBev is considering selling off business units in South Korea, Australia and Central America to cut its massive debt pile as it pursues a backup plan after calling off the nearly $10 b...
20:36, 07/18/2019

Federal regulators eye update to rules governing kids’ privacy and the Internet The effort by the Federal Trade Commission is in its initial phases, but it could eventually lead to tougher enforcement of the 1998 law against apps and websites that illegally collect personal infor...
18:24, 07/18/2019

Netflix feels pain as global subscriber growth slows Netflix shares slumped 10% as Wall Street opened on Thursday, following revelations it lost customers in its core US market for the first time in eight years....
17:48, 07/18/2019

Six companies to compete for $2.5B in funds to install Navy C4ISR systems The Navy awarded six companies task orders for a potential 10-year, $2.5 billion contract to install and support command, control, communications, computer, intelligence, surveillance and reconnaissan...
17:36, 07/18/2019

India's Consumer Goods Growth Slows As Rural Demand Cools: Nielsen Volume growth in India's fast-moving consumer goods (FMCG) sector slowed to 6.2 per cent in the three months to June from 9.9 per cent in the previous quarter....
16:36, 07/18/2019

IndiGo Announces New International Flights, Check Routes Here The newly introduced non-stop flights will be operational on Mumbai-Singapore and Mumbai-Bangkok routes, starting from August 22, 2019, the airline said in a press release. These new flights are......
16:36, 07/18/2019

Rupee Falls For Third Straight Day, Ends At 68.97 Against Dollar At the interbank foreign exchange (forex) market, the domestic currency opened at 68.76 per dollar, but lost ground during the day and finally settled at 68.97, down 15 paise over its previous close....
16:36, 07/18/2019

For Tax Relief Foreign Investors Can Register As Firms: Finance Minister While presenting the Union Budget for Financial Year 2019-20, Ms Sitharaman proposed to raise surcharge on the super-rich. Those with an annual income between Rs 2 crore and Rs 5 crore would be levied...
16:36, 07/18/2019

A Step-By-Step Guide On How To Apply For Permanent Account Number (PAN) According to the Income Tax Department, online applications for PAN card can be made through either of the websites of NSDL (National Securities Depository Limited) and UTITSL(UTI Infrastructure......
16:36, 07/18/2019

|3simpletipstoturnspendingintosaving Everybody deserves to spoil themselves every now and then, otherwise life would become very dull and boring, says Yanga Nozibele, investment associate at Cannon Asset Managers....
16:24, 07/18/2019

|MarketsLIVE:Poundjoltedoutofsummerslumberasno-dealBrexitdingrows UK Brexit Secretary Steve Barclay said no-deal risks are “underpriced,” while the EU’s chief negotiator Michel Barnier said the UK would “have to face the consequences” under such a scenario....
16:24, 07/18/2019

|Courthearsousterofex-OldMutualCEOPeterMoyowas'artificiallymanufactured' Old Mutual ex-CEO Peter Moyo's legal team on Thursday argued that the breakdown in trust cited by his former employer as the reason for his dismissal was "manufactured" and that his reinstatement was ...
16:24, 07/18/2019

Could Your Cell Phone Really Crash Your Flight? On 2 Popular Boeing Jets, There’s a Risk U.S. government officials in 2014 revealed an alarming safety issue: Passenger cellphones and other types of radio signals could pose a crash threat to some models of Boeing 737 and 777 airplanes. Mor...
16:00, 07/18/2019

Renault's Senard expects Nissan's new board to embrace alliance Renault is confident that alliance partner Nissan's new board will work to reinforce their partnership as it struggles to turn the page on the Carlos Ghosn scandal, Renault Chairman Jean-Dominique S...
15:48, 07/18/2019

Samsung asks partners to stockpile Japanese components: source South Korea's Samsung Electronics has sent letters to local partners urging them to stockpile more Japanese components in case Tokyo expands its export restrictions, a source with knowledge of the ma...
15:48, 07/18/2019

Novartis raises full-year targets, aims to settle U.S. lawsuit Novartis boss Vas Narasimhan raised full-year targets on Thursday and announced that $700 million has been set aside in the hope of settling a decade-old lawsuit alleging that the Swiss drugmaker bri...
15:48, 07/18/2019

Honeywell beats quarterly profit estimates, raises 2019 forecast Honeywell International Inc on Thursday reported a better-than-expected quarterly earnings and raised its full-year sales and profit forecasts, riding on higher demand for aircraft parts and spares, ...
15:48, 07/18/2019

Trump's tariffs trip up the all-American RV industry Carrie Gray points to a stack of unwelcome mail on a conference table at the offices of Renegade RV, one of the leading U.S. manufacturers of high-end recreational vehicles. She’s buried in bad news f...
15:48, 07/18/2019

ASOS warns on profit again after botching warehouse revamps British online fashion retailer ASOS warned on profits for the third time since December, saying problems ramping up warehouses in the United States and Germany had restricted product availability, h...
15:48, 07/18/2019

Global stocks slip as U.S.-China trade war drags on corporate earnings Global shares slipped on Thursday on growing signs that a trade dispute between the United States and China was taking a toll on corporate earnings, with nerves spreading from Wall Street through Asia...
15:48, 07/18/2019

Volvo Cars to cut costs as trade war dents profits Volvo plans to cut fixed costs by 2 billion Swedish crowns ($214 million), it said on Thursday, becoming the latest carmaker to warn that pricing pressure and tariffs arising from the China-U.S. trade...
15:48, 07/18/2019

Netflix shares sink 11%, analysts still see growth Wall Street brokerages stuck to a positive outlook on Netflix Inc on Thursday, betting that a strong content slate for the rest of 2019 would reverse shock losses in U.S. subscribers in the second qu...
15:48, 07/18/2019

Oil rises after Iran says it seized foreign tanker in Gulf Oil prices rose on Thursday after Iran said it had seized a foreign oil tanker in the Gulf amid rising tensions between Tehran and the West over the safety of shipping in the Strait of Hormuz, a vital...
15:48, 07/18/2019

Southwest removes Boeing 737 MAX from schedule until November 2, freezes pilot hiring Southwest Airlines Co joined U.S. rivals on Thursday in cancelling more flights until early November due to the continued grounding of Boeing Co's 737 MAX, which has also prompted the low-cost carri...
15:48, 07/18/2019

Verizon resurrects media business as safe haven on the internet Banning pornography from Tumblr was not necessarily meant to define Verizon Media's strategy to turn around a collection of Internet has-beens. But that is how it has played out....
15:48, 07/18/2019

Wall Street opens lower as Netflix plunges U.S. stocks opened lower on Thursday as shares of streaming pioneer Netflix tumbled, kicking off earnings for the FAANG group of stocks on a sour note....
15:48, 07/18/2019

Ray-Ban Billionaire Makes a Very Eye-Catching  Move Leonardo Del Vecchio is still trying to make a success of the $53 billion Luxottica-Essilor merger. Throwing GrandVision into the mix is a bold bet. ...
15:24, 07/18/2019

After death of YouTube star, Amazon will push for e-scooter safety warnings in the U.K. Amazon, the global e-commerce giant, will ask electronic scooter manufacturers to make clear in their online listings that their devices cannot be used on public roads....
15:24, 07/18/2019

You installed a browser extension. It’s selling everything you do. The Washington Post’s Geoffrey A. Fowler explains why installing extensions — that seemingly helpful piece of software — to your web browser might be bad idea....
15:24, 07/18/2019

U.S. tech companies push Trump to allow some sales to Huawei Tech companies are asking the administration to allow sales of chips and other parts for Huawei-made smartphones and laptops, arguing that such sales won’t hurt U.S. national security....
15:24, 07/18/2019

Novartis Sets $700 Million Provision to Settle Bribery Allegations Swiss drugmaker Novartis set aside $700 million to settle a long-running lawsuit alleging it treated U.S. doctors to lavish dinners and other events in return for boosting prescriptions....
15:00, 07/18/2019

Paint Maker PPG Posts Lower Sales on Weak Industrial Demand PPG said weak demand from industrial clients is hurting sales, challenging the company’s decision to keep its paint and coatings businesses joined together....
15:00, 07/18/2019

Labor Troubles Cloud Airline Outlook American, United and other carriers face tough negotiations with mechanics and pilots. Unions are seeking a bigger share of the windfall that airlines have enjoyed....
15:00, 07/18/2019

U.S. Jobless Claims Rise The number of Americans applying for first-time unemployment benefits increased last week, but remained near historically low levels, a sign of a firm labor market....
15:00, 07/18/2019

Amazon Offers Sellers a Leg Up, With a Catch Amazon is offering independent merchants on its platform marketing support, product reviews and prominent display. The catch? Amazon gains the right to purchase a merchant’s brand at any time for a fi...
15:00, 07/18/2019

Honeywell Posts Higher Profit Honeywell reported stronger demand and higher organic sales in its commercial aerospace, defense, process automation and business-technologies businesses....
15:00, 07/18/2019

UnitedHealth Lifts Profit Targets on Stronger Sales UnitedHealth Group raised its 2019 earnings targets after reporting a strong first half of the year, driven by broader sales growth in premiums, products and services....
15:00, 07/18/2019

Qualcomm Hit by Second Antitrust Fine in Europe The EU is imposing a $272 million fine on Qualcomm, its second penalty on the chip maker in 18 months, and its latest move targeting top U.S. tech companies for breaching antitrust rules....
15:00, 07/18/2019

Debenhams seeks £50m lifeline from lenders Debenhams is poised to seek more financial help to see it through to the crucial Christmas trading period just three months after investors were wiped out when the chain crashed into administration....
14:00, 07/18/2019

Everything You Need To Know To Apply For A PAN Card Online PAN card online apply: A PAN card holder need not file an income tax return (ITR) on a mandatory basis unless he/she is liable to file one under Section 139 of the Income Tax Act. A PAN card applicant...
13:48, 07/18/2019

|Nationalisation,privatisation,land:WhatMandelatoldbusinessin1990stillresonatestoday Almost three decades ago, Nelson Mandela addressed a conference of 300 business executives on questions that South Africa still grapples with, including nationalisation, privitisation, a living wage l...
13:36, 07/18/2019

A Shared Birthday Party for 2 Sporty Foreign Cars The Audi TT, now 20 and an enduring object of desire, and the Datsun 240Z, unveiled 50 years ago, were not particularly powerful, but they’ve had staying power....
13:12, 07/18/2019

|WATCH:AsLagardequits,racetoleadIMFstarts International Monetary Fund chief Christine Lagarde submitted her resignation from the global crisis lender. As she heads for the ECB, the race to succeed her at the IMF has already begun....
13:00, 07/18/2019

|Richemont'swatchsalesdeclineasHongKongprotestssting Richemont reported a surprise drop in revenue from its watch business, with protests in Hong Kong cutting sales in a key luxury market for the owner of Cartier....
13:00, 07/18/2019

|Choosetherightbankaccounttogrowyoursavings An estimated 16 million South Africans have cash in bank savings accounts, but a staggering 40% of people have placed this money in low interest-bearing savings accounts....
13:00, 07/18/2019

|ANALYSIS:UndisputedwinnerfromZuma’strain-wrecktestimonyisRamaphosa Over three days of rambling testimony to a commission investigating graft, former President Jacob Zuma, 77, said he was the victim of a conspiracy by intelligence agencies intent on ousting him, calle...
13:00, 07/18/2019

|EskomtopayNedbankR900mininterestbeforemonthend Eskom is due to pay over R900m in interest to Nedbank Corporate and Investment Banking before the end of the month, it said in a notice on Wednesday evening....
13:00, 07/18/2019

Raymond James upgrades Apple on 'increased conviction in a 5G iPhone' Raymond James upgraded Apple and said its most recent checks show Apple is preparing to bring a 5G iPhone to a wider range of models than previously thought....
12:48, 07/18/2019

Five things to know before you FaceApp your face The Post’s Geoffrey Fowler has five questions you ought to ask about any app or service, including FaceApp, that wants something as personal as your face....
12:00, 07/18/2019

Sensex Falls Over 100 Points, Nifty Slides Below 11,650 Sensex today, LIVE market updates: Weakness across sectors - led by information technology, pharma, metal and auto sectors - dragged the markets lower....
10:48, 07/18/2019

From PAN Card Form To Application Fee: Know All About How To Obtain A PAN PAN card apply online: A PAN holder need not file an income tax return (ITR) unless he or she is liable to file one under Section 139 of the Income Tax Act....
10:48, 07/18/2019

Rupee Edges Higher To 68.81 Against Dollar The dollar index was down 0.2 per cent against a basket of major currencies on Thursday. It climbed to a one-week peak in the previous session on robust US retail sales, but nudged lower as Treasury.....
10:48, 07/18/2019

UK faces recession in event of no-deal Brexit, OBR warns A no-deal Brexit will plunge the UK economy into recession and leave a £30bn black hole in the public finances, according to the Office for Budget Responsibility....
10:48, 07/18/2019

Netflix Reports First Drop in U.S. Users in Nearly a Decade Netflix ended the second quarter with fewer subscribers than expected, an underwhelming performance that comes as a slew of rivals are about to enter the field of streaming services....
09:48, 07/18/2019

Facebook needs to drop Libra and buy Square, Jim Cramer says "It's clearly doing more harm than good," the "Mad Money" host says. Instead Facebook should buy Square for $70 billion and expand the payments network worldwide....
09:36, 07/18/2019

Nifty Futures Indicate Weak Start For Markets Today On Wednesday, the domestic stock market benchmarks Sensex and Nifty had finished0.22 per cent and 0.21 per cent higher respectively,rising for a third session in a row....
09:00, 07/18/2019

Sensex Falls Over 100 Points, Nifty Slips Below 11,650; Yes Bank Plunges Domestic stock markets started Thursday's session on a lower note, breaking a three-day winning run, tracking weakness in Asian peers. The S&P BSE Sensex fell as much as 127.88 points to 39,087.76 in....
09:00, 07/18/2019

Wipro Shares Rise Over 3% After Earnings Announcement Wipro share price today: Wipro, the country's third largest IT services exporter, reported a net profit of Rs2,387.6 crore for the quarter ended June 30 after market hours on Wednesday. At 11:03,......
09:00, 07/18/2019

Opinion: Government's Plan To Change Bankruptcy Law Bold And Necessary On Wednesday, the government said it would amend the 2016 insolvency law, a signature reform of Prime Minister Narendra Modi's first term. Investors will cheer....
09:00, 07/18/2019

Yes Bank Shares Fall Nearly 20%, Here's What Analysts Say Yes Bank shares nosedived as much as 19.56 per cent on Thursday, after the private sector bank reported a 91 per cent fall in its quarterly profit. Yes Bank, which reported its earnings after market.....
09:00, 07/18/2019

|5excusesmillennialsmakenottosavelong-term When it comes to long-term investing towards retirement, millennials are not doing so great, says Noluyolo Betela, client relationship manager at Allan Gray....
08:48, 07/18/2019

|Rhinoscometothebondmarket,andotherspeciesmayfollow The planned sale of a rhino impact bond is seen by its backers as a test for the creation of a conservation debt market that could be used for everything from protecting species facing extinction to p...
08:48, 07/18/2019

Stocks wobble on trade, earnings unease; U.S. Treasury yields fall Asian shares edged lower on Thursday as Wall Street stocks dropped on early signs that the U.S.-China trade war could hurt corporate earnings, which helped underpin solid demand for safe-haven U.S. Tr...
07:48, 07/18/2019

Novartis raises 2019 guidance, helped by Sandoz generics unit Novartis lifted full-year sales and profit targets on Thursday, helped by innovative medicine sales and as the Swiss drugmaker's Sandoz generics unit saw rising international demand for its biosimila...
07:48, 07/18/2019

Truckmaker Volvo beats expectations, picks Samsung for batteries Sweden's AB Volvo inched up its market growth outlook for North America and Europe, as strong deliveries for its trucks and construction equipment as well as continued easing of supply chain bottlene...
07:48, 07/18/2019

|3waysforsmallbusinessestobecomesavvydigitalnomads ravelling for business sounds glamorous, but it presents plenty of challenges when it comes to maintaining your productivity in unfamiliar spaces and across different time zones, says Trevor Crighton....
06:12, 07/18/2019

Asian stocks wobble, bond yields fall on earnings woes, trade worries Asian shares wobbled in early Thursday trading as Wall Street stocks dropped on early signs that the U.S.-China trade war could hurt corporate earnings, helping to underpin solid demand for safe-haven...
05:36, 07/18/2019

Australian developer LendLease lands $15 billion project with Google; shares surge Australia's LendLease Group on Thursday said it secured a contract with Alphabet Inc's Google to develop $15 billion worth of residential and retail space in Silicon Valley, sending the builder's st...
05:36, 07/18/2019

Crude futures steady after fall on U.S. oil products stocks gain Oil prices steadied on Thursday after falling in the previous session when official data showed U.S. stockpiles of products like gasoline rose sharply last week, suggesting weak demand during the peak...
05:36, 07/18/2019

|ReprieveforMultiChoiceasZimapprovesforexpayments MultiChoice has received a reprieve from Zimbabwe's new restrictions on payments after the country’s central bank allowed the pay television network’s Zimbabwe operation to collect subscriptions in fo...
05:00, 07/18/2019

|Gordhan:PublicEnterprisesmaysoonhavemorepoweroverSOEs Minister of Public Enterprises Pravin Gordhan has said a green paper for a bill which would give his department stronger oversight over SOEs will be ready within the 2019/20 financial year....
05:00, 07/18/2019

Government rebukes FTSE giants for late supplier payment A list of leading FTSE companies that include BAE Systems, BT and British Gas owner Centrica have been suspended from the government's Prompt Payment Code, after they were found to take longer than 60...
03:24, 07/18/2019

Mirror-owner reaches for the i's publisher The owner of the Daily Mirror and Daily Express has waded into the auction of the i and hundreds of regional titles in an effort to create a British newspaper powerhouse....
03:24, 07/18/2019

Cloud growth fuels IBM profit beat International Business Machines Corp beat analysts' estimates for second-quarter profit on Wednesday, propped up by recurring growth in its high-margin cloud business....
02:24, 07/18/2019

Japanese official says negotiators working hard on U.S.-Japan trade deal U.S. and Japanese officials are working hard to reach agreement on a bilateral trade agreement, a senior Japanese official told Reuters on Wednesday, adding he was looking forward to news on the deal ...
02:24, 07/18/2019

Netflix shares plunge as global growth falls short, U.S. customers shrink Netflix Inc said on Wednesday it lost U.S. streaming customers for the first time in eight years and missed targets for new subscribers overseas, an announcement that jarred investors ahead of loomin...
02:24, 07/18/2019

FaceApp went viral with age-defying photos. Now Democratic leaders are warning campaigns to delete the Russian-created app ‘immediately’ Drake, LeBron James, the Jonas Brothers and other celebrities have helped extend the future-self craze on social media. Now the Democratic Party's security chief is telling campaigns "this novelty is ...
01:12, 07/18/2019

Netflix reports drop in U.S. subscribers, its first ever, raising concern about its future Netflix reported subscriber numbers far lower than even its own estimates for the second quarter, causing a Wall Street sell-off and fears the streaming service's dominance could be weakening....
01:12, 07/18/2019

FaceApp adds decades to your age for fun, but the popular Russian-owned app raises privacy concerns Drake, LeBron James and other celebrities have helped extend the future-self craze on social media. But even if you delete content from the app, FaceApp can still store and use it, according to its pr...
01:12, 07/18/2019

Facebook Pressed on Protections for Cryptocurrency Users House lawmakers questioned Facebook about how its cryptocurrency should be regulated and its plans to protect users, underscoring the political hurdles facing the company as it seeks to issue the digi...
01:00, 07/18/2019

Omnicom Defends Its Data Strategy After Rivals Make Big Deals Omnicom Group Inc. continued to justify its decision to rent data services instead of making large acquisitions, a sign that the ad holding company will continue to swim against the tide of its compet...
00:12, 07/18/2019

U.S.-China Talks Stuck in Rut Over Huawei Progress toward a U.S.-China trade deal has stalled while the Trump administration determines how to address Beijing’s demands that it ease restrictions on Huawei Technologies....
00:12, 07/18/2019

Boeing Hires Kenneth Feinberg to Handle 737 Max Claims The aircraft manufacturer has hired victim-compensation attorney Kenneth Feinberg to distribute $50 million to families who lost relatives in two crashes involving its 737 MAX planes....
00:12, 07/18/2019

IBM Revenue Lags as Cloud Pivot Remains a Challenge International Business Machines reported another drop in quarterly revenue as Chief Executive Ginni Rometty struggles to remake Big Blue for the modern computing age....
00:12, 07/18/2019

Andrew Left's Citron Capital posted net return of 24.7% in first half of 2019 Andrew Left's Citron Capital posted a net return of 24.7% after fees and expenses in the first half of 2019, according to an investment letter posted on the fund's website Wednesday....
23:36, 07/17/2019

EBay beats estimates as more shoppers flock to site, shares rise EBay Inc beat Wall Street estimates for quarterly revenue and profit on Wednesday, as a multi-year effort to make its platforms easier to use attracted more customers, sending its shares up 5%....
23:24, 07/17/2019

Netflix shares tumble as it misses global subscriber forecasts Netflix Inc added fewer quarterly subscribers than Wall Street expected and its U.S. customer base shrank as its programming failed to draw new viewers, jarring investors ahead of looming competition...
23:24, 07/17/2019

Cloud growth fuels IBM profit beat, shares rise International Business Machines Corp beat analysts' estimates for second-quarter profit on Wednesday, propped up by recurring growth in its high-margin cloud computing business, sending its shares up ...
23:24, 07/17/2019

U.S. Air Force calls for proposals to replace Minuteman III ICBMs The U.S. Air Force announced an RFP aimed at Boeing and Northrop Grumman for the Ground Based Strategic Deterrent, a new intercontinental ballistic missile weapon system to replace the 1960s-era Minut...
23:12, 07/17/2019

Raytheon nets $40.2M for variants of Navy's AN/SPY-6 radar Raytheon Co. was awarded a $40.2 million contract for long lead material for production on two variants of the U.S. Navy's AN/SPY-6 radar system, one a single-faced rotator and the other with three fi...
23:12, 07/17/2019

Trade, earnings worry drag on stocks; U.S. Treasury yields fall A gauge of global equities retreated for a second straight session and U.S. Treasury yields fell as simmering trade concerns gained steam and the pace of the U.S. corporate earnings season picked up....
22:48, 07/17/2019

Boeing to make $50 million in payments to 737 MAX crash victims' families Boeing Co said on Wednesday it will dedicate half of a $100 million fund it created after two crashes of its 737 MAX planes to provide payments to families of those killed, with compensation expert Ke...
22:48, 07/17/2019

Netflix adds fewer-than-expected subscribers in second quarter; shares tumble Netflix Inc added fewer paid subscribers than expected in the second quarter as the video streaming pioneer raised prices in some of its major markets, including the United States, sending its shares...
22:48, 07/17/2019

IBM revenue falls as weak legacy businesses offset cloud growth International Business Machines Corp posted a 4.2% fall in quarterly revenue, in line with analysts' estimates, as weakness in its legacy businesses of selling hardware and software offset growth in i...
22:48, 07/17/2019

Wall St. falls as CSX results signal damage from trade tensions U.S. stock indexes fell on Wednesday as weak results from CSX Corp stoked concerns that the protracted trade war between the United States and China could hurt corporate earnings....
22:48, 07/17/2019

EBay beats second-quarter revenue estimates EBay Inc beat Wall Street estimates for quarterly revenue on Wednesday, as a multi-year effort to make its platforms easier to use attracted more customers....
22:48, 07/17/2019

Qualcomm set to face second EU antitrust fine shortly: sources Qualcomm , the world's no.1 chipmaker, could be hit with a second EU antitrust fine as soon as Thursday for blocking a rival from the market more than a decade ago, people familiar with the matter sai...
22:12, 07/17/2019

U.S. solar sector launches lobbying push to preserve key subsidy The U.S. solar industry on Wednesday kicked off a lobbying push aimed at convincing Congress to extend a generous tax credit for solar energy systems that is set to begin phasing out next year....
22:12, 07/17/2019

Watch: Trump parties in 1992 with Jeffrey Epstein Jeffrey Epstein, who also had been a friend of ex-President Bill Clinton, was arrested by federal authorities earlier this month and charged with child sex trafficking....
22:12, 07/17/2019

Senate Approves Tax Treaties for First Time in Decade Pressure from business groups — and the triumph of Senator Mitch McConnell of Kentucky over his junior partner, Rand Paul — spurred lawmakers to approve updates to the international treaties....
22:12, 07/17/2019

Big Banks Are Earning Billions of Dollars. Trump’s Tax Cuts Are a Big Reason. The five largest United States banks reported tax rates of 22 percent or less for the second quarter this year. Lower taxes helped smooth over earnings rough spots....
22:12, 07/17/2019

Wall St. falls as CSX results point to damage from trade tensions U.S. stock indexes dipped on Wednesday as weak results from CSX Corp stoked concerns that the protracted trade war between the United States and China could hurt corporate earnings....
21:48, 07/17/2019

California settles decades-long lawsuit over lead paint, but outcome is bittersweet When Californian counties and cities first sued paint makers in 2000, they wanted the companies to pay billions to remove dangerous old lead paint from hundreds of thousands of homes....
21:48, 07/17/2019

Why the Latest Ebola Outbreak Raises Fears Across Borders Ebola is one of the deadliest diseases on Earth, with a fatality rate as high as 90%. It’s among a handful of illnesses so dangerous that governments consider them threats to national security. An epi...
21:36, 07/17/2019

|WATCH:Manwholostfamily:Boeingputprofitoversafety A man whose family was killed in the crash of a Boeing 737 Max jet in Ethiopia accused the company of wrongful conduct, telling a US House subcommittee that "Boeing should not be allowed to act like a...
21:24, 07/17/2019

|Google'backingout’ofChinapartnerships,USsenatorsays Google’s chief executive officer told US Senator Mark Warner that the company has ended some partnerships in China, the lawmaker said on Tuesday on Bloomberg Television....
21:24, 07/17/2019

|RamaphosaworriedaboutretrenchmentsinSA President Cyril Ramaphosa said that Cabinet was concerned at reports of a go-slow at the ports, particularly in the Eastern Cape where operations nearly ground to a halt....
21:24, 07/17/2019

Yes Bank Profit Falls 91% In June Quarter, Misses Analysts' Estimates Yes Bank on Wednesday reported a net profit of Rs 113.76 crore for the April-June quarter, missing analysts' estimates. That marked a fall of 91 per cent compared with its profit of Rs 1,260.36 crore....
21:12, 07/17/2019

Gold Price Edges Lower To Rs 35,500 Per 10 Grams Amid Low Demand Gold prices in Delhi fell by Rs 70 per 10 grams to Rs 35,500 per 10 grams on Wednesday, amid low demand from jewellers and weakness in the global markets. With the mild loss on Wednesday, the price of...
21:12, 07/17/2019

Who Must Obtain A PAN? Income Tax Department Explains PAN Card rules 2019: PAN or Permanent Account Number is a 10-digit alphanumeric identification number is issued by the Income Tax Department to assessees including individuals and charitable trusts......
21:12, 07/17/2019

Americans don't tell the truth when they talk about manufacturing jobs Many Americans think manufacturing jobs are "something other people's kids do." Only 30% of Americans want to work in manufacturing, a problem that Snap-On CEO Nick Pinchuk says is a bigger threa...
21:00, 07/17/2019

Elon Musk wants to get inside your head. Literally. Neuralink said it has tested its elaborate interface of “threads” — which connects with a chip embedded in the skull — on rats and wants to begin human trials as soon as next year....
21:00, 07/17/2019

Democrats call on Facebook to abandon Libra cryptocurrency Rep. Maxine Waters (D-Calif.), chair of the House Financial Services Committee, compared Facebook to scandal-plagued Wells Fargo and said the tech giant shouldn't be allowed to proceed....
21:00, 07/17/2019

Microsoft, AT&T sign cloud deal worth more than $2 billion Microsoft Corp and AT&T Inc on Wednesday said they reached a deal under which the telecommunications company will tap Microsoft's Azure cloud service for its computing needs and use Microsoft 365, whi...
20:36, 07/17/2019

Abbott hits record high as diabetes device fuels profit beat Abbott Laboratories beat analysts' estimates for quarterly profit and lifted its full-year earnings forecast on Wednesday, boosted by a near 64% jump in sales of its blood sugar monitoring device....
20:36, 07/17/2019

U.S. lawmakers challenge Facebook over Libra cryptocurrency plan U.S. lawmakers quizzed Facebook on Wednesday over its planned cryptocurrency, after a bruising first bout a day earlier when senators from both parties condemned the project, saying the company had no...
20:36, 07/17/2019

Explainer: What is the EU's antitrust investigation into Amazon about? The European Commission has opened a formal antitrust investigation to assess whether Amazon's use of sensitive data from independent retailers who sell on its marketplace is in breach of EU competiti...
20:36, 07/17/2019

Takeda kicks off sale of Western European drugs: sources Japan's Takeda Pharmaceutical Co has reached out to prospective bidders for a portfolio of drugs for sale in western Europe as it seeks to trim its debt following the $59 billion purchase of Shire, s...
20:36, 07/17/2019

New man on the board to clean up Deutsche Bank's act The Qatari-backed lawyer tasked with trying to draw a line under Deutsche Bank's regulatory scandals has risen rapidly at the German bank, jumping to the management board after three years as a "spar...
20:36, 07/17/2019

Wall Street falls as railroads slide after CSX signals trade impact U.S. stock indexes retreated for the second day on Wednesday as weak results from CSX Corp pressured railroad stocks and highlighted the wide-ranging impact of the protracted trade war between the Uni...
20:36, 07/17/2019

Oil prices fall more than 1% after U.S. fuel inventories build Oil futures fell more than 1% on Wednesday, extending a more than 3% drop in prices the previous session, after U.S. government data showed large builds in refined product stockpiles....
20:36, 07/17/2019

Boeing to make $50 million in payments to 737 MAX crash victim families Boeing Co said on Wednesday it will dedicate half of a $100 million fund it created after two crashes of its 737 MAX planes to provide payments to families of those killed, with compensation expert Ke...
20:36, 07/17/2019

Global stocks fall on trade, earnings worry; U.S. Treasury yields fall A gauge of global stocks declined for a second straight session and U.S. Treasury yields fell as trade concerns began to percolate and the pace of the U.S. corporate earnings season picked up....
20:36, 07/17/2019

Joana Ceddia got famous on YouTube for being a normal teen. She’s trying to stay that way. "A lot of people want this, and yet they have no idea what it's really like," Joana said. "And I say that because I didn't know what it's really like, either."...
20:12, 07/17/2019

After years of ‘glacial change,’ women now hold more than 1 in 4 corporate board seats After being stuck at 16 percent for several years, the percentage of women-held board seats in the S&P 500 now reaches nearly 27 percent, according to data from ISS Analytics. Just one company in the ...
20:12, 07/17/2019

|Businessmanclaimingtobe'rogueunit'victimlosescourtbid A court has dismissed an application of a businessman who argued, in part, he was the victim of illegal surveillance by the so-called SARS 'rogue' unit....
19:24, 07/17/2019

Shortlist of Candidates to Lead IMF Focuses on Eurozone Officials A shortlist of candidates most likely to succeed Christine Lagarde as head of the International Monetary Fund has been narrowed to officials from eurozone countries, with Jeroen Dijsselbloem, the form...
19:12, 07/17/2019

|Howmovingtoacheaperneighbourhoodhelpedmepayoffmydebtin2years-investmentexpert Most consumers are not only failing to save any money at all, but are continuing to live beyond their means and falling into debt, explains an investment associate at Cannon Asset Managers....
17:48, 07/17/2019

|MalemawarnsRamaphosa:Don’toutsourceyourauthoritytoacabal Economic Freedom Fighters leader Julius Malema told President Cyril Ramaphosa, "We fought former president Jacob Zuma because he outsourced his power to one family and undermined state organisations. ...
17:48, 07/17/2019

|RamaphosabacksGordhaninsupportingaffidavit President Cyril Ramaphosa has filed a supporting affidavit in the North Gauteng High Court relating to Public Enterprises Minister Pravin Gordhan's court application to suspend Public Protector Busisi...
17:48, 07/17/2019

China's State-Driven Growth Model Is Running Out of Gas New data showing the toll that trade tensions are taking on China’s economy are merely a symptom of a more serious malaise: The country’s state-led growth model is running out of gas. ...
17:36, 07/17/2019

Google's Tool to Tame Russia-Style Election Influence Has Flaws Google’s searchable database of political ads, set up to bring more transparency to digital campaign advertising, is fraught with errors and delays, according to candidates’ digital staffers and polit...
17:36, 07/17/2019

Amazon Faces E.U. Inquiry Over Data From Independent Sellers European antitrust regulators have opened an investigation into the data that Amazon uses from third-party sellers who rely on the tech company’s site...
16:36, 07/17/2019

Latvia Is a Small Country Eager to Fix a Big Money-Laundering Problem Corruption has driven honest investors away and damaged the Latvian economy, making the cleaning up of illicit bank activity a top priority for a new government....
16:36, 07/17/2019

When Will Boeing 737 Max Fly Again and More Questions Two crashes within five months -- Lion Air Flight 610 in October 2018 off the coast of Indonesia and Ethiopian Airlines Flight 302 in March outside Addis Ababa -- killed 346 people and led to a global...
16:12, 07/17/2019

Finding a Cheap Omega Watch Has Just Got a Lot Harder Swatch is sensibly cracking down on “gray market” sales of its watches. But the resulting loss of revenue comes at a difficult time, in Asia especially....
16:12, 07/17/2019

Tesla floats fully self-driving cars as soon as this year. Many are worried about what that will unleash. The company’s decision to deliver new self-driving technology to hundreds of thousands of drivers has rivals and regulators on edge as many worry it could unleash unintended consequences....
16:12, 07/17/2019

|FerialHaffajee:5lessonsforbusinessfromZuma'sZondotestimony Former President Jacob Zuma’s testimony before the Zondo commission of inquiry into state capture offers several important lessons for business - including that political contacts may no longer have t...
16:00, 07/17/2019

Bank of America trims net interest income guidance Bank of America Corp lowered its annual net interest income guidance on Wednesday to reflect a weakened interest rate environment as the second-largest U.S. lender reported higher-than expected earnin...
15:48, 07/17/2019

Wall Street opens flat, investors shrug off bank results U.S. stocks opened flat on Wednesday as trade worries and concerns about the balance of monetary policy and growth outweighed solid results from Bank of America and a boost to chipmakers from Dutch co...
15:48, 07/17/2019

|MarketsLIVE:JSEfallsasglobalstocksstruggle US equity futures pared gains as corporate earnings gave traders food for thought, while European stocks struggled for traction amid fresh trade tensions....
15:12, 07/17/2019

|Fordannounces1200newjobsatPretoriaassemblyplant The automaker says it will be adding 1 200 jobs to its Silverton plant in order to meet growing international and local demand for the New Ranger, Ranger Raptor and Everest....
15:12, 07/17/2019

|Ex-PICheadMatjiladeniesR5mbribe,sayshewouldwelcomeinvestigation The former CEO of state-run asset manager the Public Investment Corporation has denied receiving a R5m bribe in April 2017 for allegedly facilitating further funding for VBS Mutual Bank....
15:12, 07/17/2019

Futures flat as investors weigh bank results Worries about the balance of monetary policy and growth kept U.S. stock futures flat on Wednesday, subduing the impact of solid results from Bank of America and a boost for chipmakers from Dutch compa...
15:00, 07/17/2019

Bank of America profit beats as healthy economy fuels loan growth Bank of America Corp beat estimates for quarterly profit on Wednesday, as the loan book of the country's second-largest lender benefited from a healthy economy....
15:00, 07/17/2019

CFO Retirements Climb as Good Times Roll On One in six executives who left the CFO position at a U.S. public company in 2018 did so in order to retire, the highest share in the last 12 years, according to an analysis conducted for The Wall Stre...
14:36, 07/17/2019

Hong Kong Protests Drag Nike, Other Global Companies Into Upheaval A broad stripe of businesses from global titan Nike to a local bakery is finding that taking sides, or even appearing to, in Hong Kong’s protests against China’s growing reach can spur popularity—or t...
14:36, 07/17/2019

CVS Begins Trial for Home-Dialysis Device CVS is making a move into kidney care, launching a clinical trial for a home-dialysis device. The company is working to capitalize on a Trump administration initiative pushing for home procedures....
14:36, 07/17/2019

Debt-Ceiling Talks Hit More Snags Talks to raise the U.S. government’s borrowing limit and set overall federal spending levels face at least two more hurdles: how to pay for an overhaul of veterans’ health care and Republican demands ...
14:36, 07/17/2019

Texas Showdown Flares Up Over Natural-Gas Waste A pipeline company is challenging Texas’ practice of allowing drillers to set unwanted natural gas on fire, in a case that could test state limits for how much of the fuel can legally go to waste....
14:36, 07/17/2019

Behind the Scenes of Netflix's Call to Alter '13 Reasons Why' Although Netflix executives remain unconvinced of any correlation between a rise in teen suicides and “13 Reasons Why,” there was a growing sentiment that the show’s graphic wrist-slitting scene neede...
14:36, 07/17/2019

Amazon Faces Probe in Europe Over Third-Party Selling Amazon will face a formal EU antitrust investigation into its dealings with third-party merchants, expanding a multipronged regulatory push that has ensnared other big Silicon Valley giants....
14:36, 07/17/2019

Kohl's says let the holiday hiring season begin Kohl's is kicking off its holiday hiring extra early for the second straight year as retailers vie to find skilled workers in a tight labor market....
14:24, 07/17/2019

Wipro Beats Street Estimates With June Quarter Profit Of Rs 2,388 Crore IT major Wipro on Wednesday reported a net profit of Rs 2,387.6 crore for the quarter ended June 30. That marked a decrease of 3.86 per cent compared to its net profit of Rs 2,483.5 crore for the......
13:36, 07/17/2019

|TrumpsayshewantsreviewofGoogle'stiestoChina President Donald Trump says he wants his administration to "take a look" into whether Google has been working with the Chinese government - an allegation swiftly denied by the US internet giant....
13:24, 07/17/2019

|TrumpsayshecouldimposemoreChinatariffsifhewants President Donald Trump reiterated that he could impose additional tariffs on Chinese imports if he wants, after promising to hold off on more duties in a trade-war truce he reached with China’s Xi Jin...
13:24, 07/17/2019

|Nestléfindsnewwaytomakechocolatesweetwithoutaddingsugar Nestlé SA has found a way to create chocolate without adding any sugar, relying on leftover material from cocoa plants for sweetening as consumers look for natural and healthier fare....
13:24, 07/17/2019

|LIVE:PIC’sdreamsforVBSbank‘wentupinsmoke’saysMatjila Ex-PIC boss Dan Matjila says the state asset manager's reputation was severely damaged due to the fallout surrounding the collapse of the VBS Mutual Bank....
13:24, 07/17/2019

|Knowyourelectricitycostsandsavemoney Understanding how electricity tariffs work is the first step towards taking charge of your spending, says Citiq Prepaid managing director Michael Franze....
13:24, 07/17/2019

Renault-Nissan alliance is priority for France ahead of any consolidation: Le Maire Renault's alliance with Japanese partner Nissan remains the priority for France ahead of any further consolidation such as a merger with Fiat-Chrysler , French Finance Minister Bruno Le Maire said o...
13:12, 07/17/2019

Nissan, Volvo and FCA lead European sales decline European car sales dropped 7.9% in June, led by bigger declines for Nissan , Volvo and Fiat Chrysler (FCA) , according to industry data published on Wednesday....
13:12, 07/17/2019

Budweiser APAC's IPO failure hurt retail investors, say newspaper adverts urging reform The dramatic failure of brewer Budweiser APAC's $9.8 billion Hong Kong listing left "mom and pop" investors badly out of pocket, a local broker has said in an unusual series of full-page advertisement...
13:12, 07/17/2019

Oil prices regain little ground lost in previous session Oil prices on Wednesday regained little ground lost in the previous session, weighed down by industry data suggesting U.S. crude inventories fell less than expected....
13:12, 07/17/2019

Amazon in EU antitrust spotlight over use of merchant data Amazon on Wednesday became the target of an antitrust investigation by the European Union over its use of merchants' data, underlining the increasing regulatory scrutiny over how tech companies exploi...
13:12, 07/17/2019

Amazon appeases German watchdog, but EU opens new probe Amazon has reached a deal with Germany's anti-trust authority to overhaul its terms of service for third-party merchants, acting to appease regulators as the European Union announced its own investig...
13:12, 07/17/2019

Trade war, Brexit stoke debt and dollar, hit stocks and sterling Resurgent trade tensions, concern over the outlook for corporate America and the growing risk of a chaotic Brexit in the United Kingdom curtailed appetite for equities on Wednesday and stoked demand f...
13:12, 07/17/2019

Facebook to face more scrutiny from Congress on Libra Facebook Inc will face more questioning on Wednesday by U.S. lawmakers over its planned cryptocurrency after a bruising first bout when senators from both parties condemned the project, saying the co...
13:12, 07/17/2019

Azim Premji-Backed Software Startup Latest Indian Tech Unicorn Icertis, which competes with SAP SE and Oracle Corp. to help businesses manage contracts in the cloud, has raised $115 million, propelling it to unicorn status as investors flock to enterprise......
12:36, 07/17/2019

Google Glass Has an Afterlife as a Device to Teach Autistic Children Privacy concerns caused the computerized eyewear to fail with the general public. But researchers believe it could help autistic children learn to recognize emotion and make eye contact....
12:00, 07/17/2019

Despite High Hopes, Self-Driving Cars Are ‘Way in the Future’ Ford and other companies say the industry overestimated the arrival of autonomous vehicles, which still struggle to anticipate what other drivers and pedestrians will do....
12:00, 07/17/2019

Taxman Says No Change In Income Tax Forms, Only Utility Software Updated Income tax forms news: The Income Tax Department said that over 1.38 crore entities have already filed their income tax returns (ITRs) till now. The Central Board of Direct Taxes, the apex......
11:00, 07/17/2019

Want To Set Up An SBI Savings Plus Account? Here's All You Need To Know SBI interest rate: Customers also required to maintain a monthly average balance (MAB) for State Bank of India's (SBI) savings plus account. SBI interest rate: SBI offers an interest rate of 3.5 per.....
11:00, 07/17/2019

Yes Bank Shares Rise Over 4% Ahead Of Earnings Yes Bank share price, Yes Bank earnings, Yes Bank shares today: At Wednesday's intraday high, Yes Bank shares clocked a recovery of 26.49% from a fresh 52-week low of Rs 85.70 last week. Yes Bank will...
11:00, 07/17/2019

Why Shares Of This Bengaluru-Based Drug Maker Plunged Over 8% Today US FDA had inspected Strides Pharma's drug manufacturing facility in Puducherry from January 28 to February 5, 2019 and said that the company was caught trying to dispose quality-control records....
11:00, 07/17/2019

Wipro Shares Flat Ahead Of Earnings Announcement Wipro stock price: Wipro shares moved in a range of Rs 258.10-Rs 262.80 on the NSE, as against their previous close of Rs 260. On the BSE, Wipro shares opened 1.04 per cent higher at Rs 262.75, and.....
11:00, 07/17/2019

IRCTC Tourism Vaishno Devi Tour: Package Cost, Inclusion, Itinerary Here Vaishno Devi tour package: Cost of Vaishno Devi Rail Tour Package for Deluxe class is Rs 10,950 on single occupancy basis, Rs 7,850 per person on double occupancy basis and Rs 7,050 per person on......
11:00, 07/17/2019

New PM 'should lower migrant worker salary threshold' The Tory leadership hopefuls are facing pressure to lower the salary threshold for migrant workers from £30,000 to £20,000 to avoid skills shortages across the economy after Brexit....
10:36, 07/17/2019

|NervousHongKongmillionairesaremovingtheircashtoSingapore Private bankers are being flooded with inquiries from investors in Hong Kong who are worried about the long-term effects of the political crisis in the Chinese city....
09:48, 07/17/2019

|SAinterestratesmayfall,andnotduetopolitics Should Reserve Bank governor Lesetja Kganyago announce a cut in South African interest rates this week, as expected, it won’t be because politicians want him to....
09:48, 07/17/2019

Cramer Remix: Now is your chance to buy into this miraculous turnaround story Jim Cramer explains why he thinks now is the time to invest in Dine Brands, even as the parent company of IHOP and Applebee's faces tougher year-over-year comparisons....
08:24, 07/17/2019

What to Know About Private Prisons Amid the U.S. Border Crisis Private prisons are the $4 billion industry at the intersection of debates in the U.S. over illegal immigration and governmental approaches to drug violations. Prison corporations now are being target...
08:00, 07/17/2019

EA slides after losing licensing rights to Cristiano Ronaldo's team Juventus for FIFA 20 Shares of Electronic Arts dropped on Tuesday after the video game company announced it no longer has a licensing agreement with Juventus, the Italian soccer club with Cristiano Ronaldo....
06:12, 07/17/2019

Asia shares subdued, dollar benefits as sterling suffers Asian shares drifted off on Wednesday as anxious investors awaited more earnings reports from corporate America, while the dollar held firm in the wake of robust U.S. retail data and a Brexit-driven d...
06:12, 07/17/2019

Oil prices gain, U.S. crude little changed after inventory data Oil prices rose on Wednesday after steep falls in the previous session, although U.S. crude trailed gains for international benchmark Brent after U.S. crude inventories fell less than expected....
06:12, 07/17/2019

United to resume India flights from September as Pakistan reopens airspace United Airlines Holdings Inc said on Wednesday it would restart daily nonstop service between New York/Newark, New Delhi and Mumbai from Sept. 6, after Pakistan lifted airspace restrictions....
06:12, 07/17/2019

|IfRamaphosawantsmajorgrowth,he'llneedtodrivemajorreforms SA's low levels of growth and investment are the result of an inhibiting policy environment, and it is up to President Cyril Ramaphosa to drive the reforms necessary to remove obstacles to growth, say...
06:12, 07/17/2019

U.S., Japan eye possible small trade deal by September: sources The United States and Japan are working on a trade deal involving agriculture and autos that could be agreed by President Donald Trump and Prime Minister Shinzo Abe when they meet in New York in Sept...
05:12, 07/17/2019

New York City can ban ads inside Uber, Lyft vehicles: U.S. appeals court A federal appeals court on Tuesday said New York City can ban advertising inside vehicles driven for companies such as Uber and Lyft, handing a victory to the millions of passengers who it said find s...
04:48, 07/17/2019

United tops profit estimates as MAX woes prompt higher fares in robust travel market United Airlines Holdings Inc on Tuesday reported a bigger-than-expected increase in second-quarter profit, driven by strong air travel demand and the ability to charge more for seats after the ground...
04:48, 07/17/2019

As steep patent cliff looms, Shionogi moves to develop its own U.S. sales staff For much of its 141-year history, Japan's Shionogi & Co Ltd has played safe when selling its drugs in the United States and other overseas markets - relying on bigger partners to promote its products...
04:48, 07/17/2019

As Fed nears rate cut, policymakers debate how deep, and even if With the first U.S. interest rate reduction in a decade expected later this month, two Federal Reserve policymakers sketched out arguments on Tuesday on how deep the cut should be, even as a third sai...
04:48, 07/17/2019

Asia shares slip, dollar gains as sterling slides Asian shares drifted lower on Wednesday after a lacklustre performance by Wall Street, while the dollar got a lift from robust U.S. retail data and a Brexit-driven dive in the pound....
04:48, 07/17/2019

Oil prices steady after falling to more than one-week lows Oil steadied after falling more than 3% overnight, with U.S. crude trailing Brent after U.S. inventory data fell short of expectations, amid conflicting signals from the U.S. and Iran over the dispute...
04:48, 07/17/2019

Tencent-backed live-streaming firm DouYu prices U.S. IPO at low end of range DouYu International Holdings Ltd , China's largest live-streaming platform, on Tuesday said it sold $775 million in stock at a $3.73 billion valuation after pricing its U.S. initial public offering (I...
04:48, 07/17/2019

Most of the Google Walkout Organizers Have Left the Company Four of the seven organizers of a 20,000-person walkout at Google in November have quit. The latest to leave is Meredith Whittaker, a researcher on the ethics of AI....
02:48, 07/17/2019

Mallinckrodt Halts Lou Gehrig's Disease Trial Drugmaker Mallinckrodt PLC said it is ending a midstage clinical trial looking at a possible treatment of amyotrophic lateral sclerosis, the paralyzing and fatal malady commonly known as Lou Gehrig’s ...
02:36, 07/17/2019

United's Profit Rises Even as 737 MAX Grounding Crimps Extra Flights United Airlines said it is trimming extra flying this year because of the grounding of Boeing’s 737 MAX, though the nation’s second-largest carrier by traffic still expects profit to climb....
02:36, 07/17/2019

Tech Giants Draw Fire in Congress Concerns about the power of Big Tech echoed across the capital, with politicians in both parties demanding more regulatory scrutiny of four giant companies’ reach and plans for expansion....
02:36, 07/17/2019

This ‘Mario Maker’ level is the most stressful video-game clip you’ll ever watch A monster with Mario Maker 2 turned the first level many of us had ever played into a fiery hellscape from which, as of Tuesday afternoon, only five people had emerged unscathed....
02:00, 07/17/2019

Facebook privately pitched its cryptocurrency plan last month to regulators. They were left even more scared. Two days after Facebook announced plans for the creation of a new cryptocurrency for its 2.7 billion users last month, the tech giant presented its 12-page white paper to more than a dozen officials f...
02:00, 07/17/2019

Abigail Disney takes her family’s company to task over ‘intolerable’ working conditions at Disneyland Her grandfather co-founded one of the world's wealthiest companies. But Abigail Disney has fought tax breaks for the wealthy, advocated for a wealth tax and protested working conditions in her family'...
02:00, 07/17/2019

Emmy nominations 2019: 10 Surprises and snubs It's anyone's guess who will end up hoisting the Emmy two months from now, but here are some of the programs that were the most surprising nominations and the ones that got snubbed....
01:48, 07/17/2019

The news on semiconductors is bad, and it will likely get worse First the global slowdown clobbered them at the end of last year, then the China trade war intensifying clobbered them again in May, then the Huawei ban, then Japan's export restrictions against ...
01:48, 07/17/2019

Domino's CEO says investors are subsidizing third-party delivery, and it's hurting Domino's growth Domino's CEO Ritch Allison questions the long-term sustainability of third-party delivery apps that he says is putting short-term pressure on the company....
01:48, 07/17/2019

Cramer explains how the Fed is creating buying opportunities "When you have a Fed chief who's hellbent on cutting interest rates … then you should own stocks that benefit from lower rates," Jim Cramer says....
01:48, 07/17/2019

How quickly can AI solve a Rubik’s Cube? In less time than it took you to read this headline. This week, the University of California at Irvine announced that an artificially intelligent system had solved the puzzle in just over a second, besting the current human world record by more than two...
23:48, 07/16/2019

Abigail Disney is taking her family’s company to task over ‘intolerable’ working conditions at Disneyland Her grandfather co-founded one of the world's wealthiest companies. But Abigail Disney has fought tax breaks for the wealthy, advocated for a wealth tax and protested working conditions in her family'...
23:48, 07/16/2019

Senators call for crackdown on cocoa imports made with forced child labor U.S. Senators Sherrod Brown and Ron Wyden sent a letter to Acting Department of Homeland Security Secretary Kevin McAleenan today calling on him to crack down on imported cocoa produced with forced ch...
23:48, 07/16/2019

Raytheon nabs $110M contract for cybersecurity for Middle Eastern country Raytheon Co. announced a $110 million contract on Monday to develop and deploy cybersecurity equipment for an unnamed country in the Middle East North Africa region....
23:24, 07/16/2019

Blue Apron beefs up menu with Beyond Meat, shares surge 60% Blue Apron Holdings Inc's beleaguered stock surged 60% on Tuesday after the meal-kit subscription service said it would add Beyond Meat Inc's plant-based burgers to its menu, betting on a growing ma...
23:12, 07/16/2019

SEC reaches $60 million settlements involving ex-American Realty executives Two former executives at American Realty Capital Properties Inc, including the onetime billionaire who built it, have reached more than $60 million in settlements with the U.S. Securities and Exchange...
23:12, 07/16/2019

U.S. retail sales data dents stocks, lifts Treasury yields A gauge of global equities lost ground on Tuesday and U.S. Treasury yields moved higher as a stronger-than-anticipated report on retail sales raised the possibility the Federal Reserve could adopt a l...
23:12, 07/16/2019

Wall Street slips as bank earnings, Trump trade comments weigh U.S. stocks edged lower on Tuesday as quarterly results from banks added to concerns about lower interest rates dampening their profits, while comments from U.S. President Donald Trump on trade also d...
23:12, 07/16/2019

United Airlines quarterly profit beats on strong travel demand, higher fares United Airlines Holdings Inc on Tuesday reported a greater-than-expected increase in second-quarter profit, driven by strong air travel demand and the ability to charge more for seats given supply co...
23:12, 07/16/2019

A Prosperous China Says ‘Men Preferred,’ and Women Lose Gender is now one of the most important factors behind income inequality in China, where workplace discrimination and court rulings have set women back....
23:00, 07/16/2019

|Highereducation,SATNpartnertoboosttechs'academicprofile The Department of Higher Education and Training and the South African Technology Network will on Monday enter stage 2 of a programme launched to address the need for "quality academic staff with PhDs"...
22:24, 07/16/2019

|Googleprotestleaderleaves,warnsofcompany'suncheckedpower Meredith Whittaker, who helped lead employee protests at Google over the search giant’s military work, artificial intelligence and policies, is leaving the company....
22:24, 07/16/2019

|Zimbabweminerstoldtopayutilitybillsinforeigncurrency Mining companies in Zimbabwe will have to use foreign currency to pay for power but can make their own arrangements for imports from foreign suppliers, the country’s energy minister said....
22:24, 07/16/2019

|StateapprovesTormin’smassiveWestCoastminingexpansion Government has given Australian-owned Tormin mine the go-ahead to vastly expand its current extraction of mineral sands on ten additional West Coast beaches and on an inland strip of old beach adjoini...
22:24, 07/16/2019

Why Midsize Cities Struggle to Catch Up to Superstar Cities For decades, smaller metropolitan areas closed the income gap with bigger, richer ones, but no longer. So places like Winston-Salem, N.C., are trying to lay a new foundation for prosperity....
22:12, 07/16/2019

Union Challenge of Trump Executive Orders Rejected by Federal Court The court said unions representing federal government workers had to bring their case before a federal labor agency before turning to federal courts....
22:12, 07/16/2019

True Value Retools Hardware Supply Chain Hardware wholesaler True Value is retooling its supply chain in an effort to respond more nimbly in a home-improvement market that is being buffeted by e-commerce and competition from big-box retailer...
21:48, 07/16/2019

Fiat Chrysler falls 4% after Goldman initiates at sell, citing North American growth struggles Automaker Fiat Chrysler's stock fell by almost 5% in early morning trading Tuesday. The downturn came after Goldman Sachs revised the company's rating to sell citing problems with growth in ...
21:12, 07/16/2019

Julia Louis-Dreyfus could break Emmy record she shares with Cloris Leachman in September Julia Louis-Dreyfus has a chance to make history at the Emmy Awards in September. The actress, who has won six Emmys already for her role as Selina Meyer on HBO's "Veep," secured another nominati...
21:12, 07/16/2019

You Spent $1,500 on Virtual Bazookas? Kids Are Splurging on Digital Goods The days of children blowing their allowance on comic books and candy are long gone. Kids are now spending hundreds or even thousands of dollars on more ephemeral goods such as outfits for their video...
20:48, 07/16/2019

Neighbors Face Off Over Texas' Other Lucrative Resource: Water One powerful West Texas family wants to pipe millions of gallons daily from under its farmland to oil producers. Another wants to stanch that flow—echoing battles around the world over the resource....
20:48, 07/16/2019

Fed's Kaplan Says Rate Cut Could Be Warranted Based on Bond Market Dallas Fed President Robert Kaplan said he could be convinced by arguments to cut rates based on signals coming from bond markets, even though he hadn’t penciled in any rate cuts this year at the cent...
20:48, 07/16/2019

Powell Says Fed Must Pay Greater Attention to Global Developments Federal Reserve Chairman Jerome Powell highlighted the growing importance of global developments in monetary policy—a reflection of how slowing growth abroad has likely set the stage for the U.S. cent...
20:48, 07/16/2019

McDonald's Strikes Delivery Deal with DoorDash DoorDash Inc. will start making deliveries from McDonald’s Corp. restaurants in Houston later this month, a blow to Uber Technologies Inc.’s deal to ferry the burger giant’s food to customers in the U...
20:48, 07/16/2019

J&J warns of hit from generic drugs in third quarter, shares fall Johnson & Johnson on Tuesday boosted its 2019 sales forecast amid robust demand for its cancer drugs, but warned that competition from generic and copycat drugs could impact its third-quarter results...
20:36, 07/16/2019

Big banks beat profit expectations but warning signs grow Three big U.S. banks reported strong earnings on Tuesday even as warning signs emerged that the playing field is beginning to tilt against the financial industry....
20:36, 07/16/2019

U.S. retail sales ease fears over economy; rate cut still seen U.S. retail sales increased more than expected in June, pointing to strong consumer spending, which could help to blunt some of the drag on the economy from weak business investment....
20:36, 07/16/2019

Oil falls as Iran tensions seen easing Oil prices turned lower on Tuesday, falling by about $1 a barrel as U.S. President Donald Trump said progress has been made with Iran, signaling tensions could ease in the Mideast....
20:36, 07/16/2019

UAW president to GM: We invested in you, now invest in us The UAW and General Motors Co on Tuesday formally kicked off contract talks, with the union's president calling on the automaker to keep open plants it has slated for closure and to invest in its wor...
20:36, 07/16/2019

Wall Street edges lower after mixed bank earnings, Trump comments U.S. stocks were lower on Tuesday as results from big Wall Street lenders rekindled concerns about slowing profit growth in a low interest rate environment, while comments from President Donald Trump...
20:36, 07/16/2019

Wells Fargo tempers cost-cutting outlook Wells Fargo & Co reported higher quarterly earnings on Tuesday, due in part to lower expenses, but the bank reined in its outlook for cost cuts to invest in improving its risk management....
20:36, 07/16/2019

Five things to look for in Netflix's second-quarter report When Netflix Inc reports second-quarter earnings on Wednesday, a big question is how the streaming giant will handle a slew of new competitors barging in to its territory....
20:36, 07/16/2019

Global stocks fall, U.S. yields rise on retail sales data A gauge of global equities fell on Tuesday and U.S. Treasury yields climbed as a stronger-than-anticipated report on retail sales raised the possibility the Federal Reserve could move towards a less d...
20:36, 07/16/2019

JPMorgan beats profit estimates but shows signs of pressure JPMorgan Chase & Co reported a quarterly profit that beat estimates on Tuesday as higher interest income and consumer lending offset lower activity at its trading desks....
20:36, 07/16/2019

'Game of Thrones' nabs record 32 Emmy Award nominations, including best drama series, in final season HBO's "Game of Thrones" earned a record 32 Emmy nominations on Tuesday, including best drama series. The record had been held by "NYPD Blue," which had 27 nominations in 1994....
20:24, 07/16/2019

Pound hits two-year low over rising fears of no-deal Brexit The pound fell briefly to its lowest rate against the dollar in two years on Tuesday, as the two remaining Conservative Party leadership candidates appeared to spook the currency by refusing to rule ...
20:24, 07/16/2019

De La Rue chair faces ousting by rebel investor The banknote and passport printer ‎De La Rue is facing a fresh round of boardroom upheaval amid a threat from a furious City investor to oust its chairman at an extraordinary general meeting....
20:24, 07/16/2019

|EOHtoapproachpoliceafterprobefindsevidenceoftheft,bribery The ICT group was giving an update on the findings on the first part of a forensic probe by law firm ENSafrica into possible fraudulent transactions involving the group....
19:48, 07/16/2019

|TongaatCEOseekingtofreezepaymentsonR11bnofdebt Tongaat Hulett is asking 10 lenders for a break from payments on as much as R11 billion rand of debt so it can recover from the impact of having to restate accounts, according to Chief Executive Offic...
19:48, 07/16/2019

|CourtdelaysPeterMoyodismissalcaseagainstOldMutual The High Court in Johannesburg has postponed to Thursday the case brought by former Old Mutual CEO Peter Moyo against his axing by the financial services firm....
19:48, 07/16/2019

|WhatAfrica’skeycentralbankswilldiscussinthenext10days Central banks in sub-Saharan Africa’s key economies will take direction from US Federal Reserve Chairman Jerome Powell when they make calls on interest rates in the next 10 days....
19:48, 07/16/2019

|WeshouldgetbehindRichardsBayrefinery,saysMantashe Minister of Mineral Resources and Energy Gwede Mantashe maintained that the Saudi Aramco proposal to build a refinery in Richards Bay, KwaZulu Natal was worth consideration....
19:48, 07/16/2019

|Here'showmuchmoreSA'stopCEOsareearningpermonth CEOs of South Africa’s top companies earned a median of R5.4m in 2018, up from R5.2m in 2017, which represents R450 000 per month, a new trend report has found....
19:48, 07/16/2019

|Matjila:Itakeministers'calls,nothing'improper'aboutmeetingwiththem Former PIC CEO Dan Matjila told the commission of inquiry that he did not find anything unethical about meeting with Cabinet ministers during his tenure....
19:48, 07/16/2019

|ActagainstGordhantoaverta‘Constitutionalcrisis’–MkhwebanetellsRamaphosa Public Protector Busisiwe Mkhwebane and President Cyril Ramaphosa have been at loggerheads for weeks over the implementation of one of her reports, official correspondence attached to court papers rev...
19:48, 07/16/2019

|Mantasheonenergyplan:Mydepartmentisnolobbygroup Minister of Mineral Resources and Energy Gwede Mantashe told Parliament that the Department of Mineral Resources and Energy was still on course to conclude the Integrated Resource Plan by September....
19:48, 07/16/2019

|TheR1.6bnVBSwrite-offandotherworryingstatsfromtheAuditorGeneral The Auditor General has been given more teeth, and should be allowed to use them, Parliament’s Standing Committee on Public Accounts and the Standing Committee on the Auditor General have said....
19:48, 07/16/2019

|WATCH:Tesladropssomemodels,simplifiespricingtodrivesales Tesla has dropped the standard-range variants of its Model X and Model S from its product lineup and adjusted prices across its range, in a sales push that comes days after the US electric vehicle mak...
19:48, 07/16/2019

|NoonecoulddetectSteinhoffirregularities–Matjila Former PIC CEO Dan Matjila said the asset manager was concerned with governance at Steinhoff, but no prudent investor would be able to pick up irregularities at the retail group....
19:48, 07/16/2019

Perhaps money can buy you happiness — at least, at work The CNBC/SurveyMonkey quarterly Workplace Happiness Index reveals higher-income earners are more satisfied with their jobs, find more meaning in their work and are less likely to consider quitting tha...
19:36, 07/16/2019

GM CEO to United Auto Workers: 'Our collective future is at stake' General Motors CEO and Chairman Mary Barra on Tuesday pleaded for United Auto Workers union leaders to assist, not hinder, the company's ongoing restructuring efforts to better position GM for th...
19:36, 07/16/2019

Opinion: India's Hedge Funds Threatened by Higher Taxes The Securities and Exchange Board of India, or SEBI, has always been suspicious of the source of capital for hedge funds investing in India from Singapore or Hong Kong....
19:12, 07/16/2019

Vedanta To Invest Rs 20,000 Crore In New Oil Blocks Vedanta had won a total of 53 oil and gas blocks under the government's open acreage licensing policy (OALP) and Discovered Small Field (DSF) rounds....
19:12, 07/16/2019

Delivery Wars? Domino’s Has a Plan for That A slowdown in comparable sales is a byproduct of a sensible strategy shift to stay competitive as new rivals like Uber Eats barrel in to metro areas....
19:12, 07/16/2019

Amazon Prime Day means protest for workers in Minnesota One-hundred employees, many of them East African Muslim immigrants, plan to walk off the job as part of one of the largest Amazon strikes among U.S. workers....
19:12, 07/16/2019

Dallas Fed president says it’s time for a rate cut — but just one Dallas Federal Reserve President Robert Kaplan has joined the chorus of central bank leaders hinting that an interest-rate cut is coming at the end of July....
19:12, 07/16/2019

'I Refuse to Call it a Corvette.' GM Moves the Engine, Revs Up a Revolt The automaker’s plan to move the engine to its midsection, shrinking the long, broad hood the car is known for, has some longtime fans beside themselves....
18:36, 07/16/2019

Domino's Pizza Reports Slowing Growth Domino’s Pizza Inc.’s business slowed in its latest quarter, raising fears among some investors about competition the pizza chain faces as food-delivery options grow....
18:36, 07/16/2019

Christine Lagarde Resigns as IMF's Chief Christine Lagarde submitted her formal resignation as managing director of the International Monetary Fund to prepare for the nomination process to be the next president of the European Central Bank a...
18:36, 07/16/2019

Lockheed awarded $492.1M for HIMARS systems for U.S., Poland, Romania Lockheed Martin was awarded a $492.1 million contract for High Mobility Artillery Rocket Systems M142 launchers and associated hardware for the U.S. Army, U.S. Marine Corps, Romania and Poland....
18:36, 07/16/2019

J&J vows to defend itself in talc, opioid lawsuits Johnson & Johnson vowed to defend itself against lawsuits alleging the company fueled the opioid crisis and that its namesake talc-based baby powder caused ovarian cancer and mesothelioma....
18:00, 07/16/2019

Factbox: Airlines count the cost of Boeing 737 MAX grounding Some international airlines have reported tentative schedules for when they expect their Boeing 737 MAX up in the air again. More than 300 Boeing 737 MAX 8 and MAX 9 passenger planes were taken out of...
17:24, 07/16/2019

Blue Apron beefs up menus with Beyond Meat burgers, shares rise Blue Apron Holdings Inc said on Tuesday it would include Beyond Meat Inc's plant-based burgers on its menus from next month, a bet on the growing popularity of meat alternatives that sent the meal k...
17:24, 07/16/2019

Domino's shares slide as same-store sales disappoint Domino's Pizza Inc reported its slowest U.S. same-store sales growth in at least three years in the second quarter, driving shares lower and raising doubts about its strategy for fighting off competi...
17:24, 07/16/2019

U.S. retailers gain online shoppers on Amazon's Prime Day: Adobe Several large U.S. retailers recorded higher sales on the first day of Amazon.com Inc's Prime Day shopping event as online shoppers also flocked to their websites, Adobe Analytics said on Tuesday....
17:24, 07/16/2019

Senate opens hearing into Facebook plans for Libra cryptocurrency U.S. lawmakers from both sides of the aisle were set to grill Facebook Inc on its cryptocurrency plans on Tuesday, as the project continues to draw intense scrutiny from financial regulators and polit...
17:24, 07/16/2019

U.S. business inventories rise moderately in May U.S. business inventories rose moderately in May as sales rebounded, suggesting that inventory accumulation could have been a drag on economic growth in the second quarter....
17:24, 07/16/2019

U.S. manufacturing output climbs for second month in June U.S. manufacturing output accelerated in June, climbing for the second straight month, thanks in large part to increased production of motor vehicles and parts....
17:24, 07/16/2019

Strong U.S. retail sales boost economic outlook U.S. retail sales increased more than expected in June, pointing to strong consumer spending, which could help to blunt some of the drag on the economy from weak business investment....
17:24, 07/16/2019

Wall Street muted after mixed bank earnings U.S. stock indexes treaded water on Tuesday as Wall Street's big banks swung between gains and losses after their quarterly results drew mixed reactions from investors....
17:24, 07/16/2019

Goldman Sachs profit beats estimates, boosted by strong equities trading Goldman Sachs Group Inc reported a stronger-than-expected quarterly profit on Tuesday as the Wall Street investment bank benefited from increased stock trading....
17:24, 07/16/2019

UAW head to GM: we invested in you, now invest in us The UAW and General Motors Co on Tuesday formally kicked off contract talks, with the union's president calling on the automaker to keep open plants it has slated for closure and to invest in its wor...
17:24, 07/16/2019

Nestle to sell a chocolate made without added sugar For chocolate lovers around the world, a new invention by Nestle that cuts out added sugar means that customers can enjoy its 70% dark chocolate with less guilt....
17:00, 07/16/2019

Biggest Amazon Prime buy of all may start the day after the sale ends Amazon Prime Day is expected to set a new sales record for the online retail giant, bringing in close to $6 billion this week, but another big Amazon buy starts the day after its annual shopping event...
17:00, 07/16/2019

How Europe’s ‘Digital Tax’ Plans Will Hit U.S. Tech Companies France and Britain are hatching plans to tax the revenue, rather than the profit, of companies such as Facebook Inc. and Alphabet Inc.’s Google that make their sales primarily in cyberspace. They’re t...
17:00, 07/16/2019

Facebook to defend plans for cryptocurrency before Senate committee Facebook has pitched the cryptocurrency as a way to bridge a gap in the financial system for those who lack access to traditional banking. But regulators around the world and U.S. lawmakers have quest...
17:00, 07/16/2019

Facebook confronts a hostile Washington as it pitches digital currency The backlash suggests the social media giant faces a steep climb to win regulatory approval for Libra, the cryptocurrency it aims to roll out as soon as next year....
17:00, 07/16/2019

U.S. Retail Sales Rose in June American shoppers increased their spending in June, wrapping up a solid quarter for the resilient U.S. consumer despite perceived headwinds from abroad....
16:48, 07/16/2019

No More Deals: San Francisco Considers Raising Taxes on Tech In 2011, San Francisco cut taxes to lure tech firms. Eight years later, gaping income inequality has city officials looking for ways to get tech to pay its share....
16:36, 07/16/2019

UAW Talks Open With Labor Costs Rising, Slowdown Looming After years of prosperity, car companies in Detroit are entering contract talks with the UAW this week. Their top concern is capping fast-rising labor costs ahead of a downturn in the U.S. auto indust...
16:24, 07/16/2019

Trump Signals Scrutiny of Google's Ties With China After Thiel Comments President Trump said the U.S. government would look into national-security concerns raised by billionaire investor and Facebook Inc. board member Peter Thiel about Google’s ties to the Chinese governm...
16:24, 07/16/2019

A third of US workers seriously considered quitting their job in last three months A new survey of American workers from CNBC and SurveyMonkey reveals that one-third of employees have considered quitting in the past three months. Just 16% of these workers say they're "very sati...
16:00, 07/16/2019

Disney's 'The Lion King' is 'critic proof,' on pace for $175 million US debut despite mixed reviews Despite a smattering of mixed reviews from critics, general consensus is that Disney's remake of "The Lion King" will score at least $175 million in its opening weekend in the U.S., if not more....
16:00, 07/16/2019

How ‘Digital Tax’ Plans in Europe Hit U.S. Tech: QuickTake France and Britain are hatching plans to tax the revenue, rather than the profit, of companies such as Facebook Inc. and Alphabet Inc.’s Google that make their sales primarily in cyberspace. They’re t...
15:48, 07/16/2019

Trump threatens to ‘take a look’ at Google for China ties Trump’s shot at Google came in a tweet that cited recent comments from Peter Thiel, a top venture capitalist and one of the president’s top supporters, who this week called for the FBI and CIA to prob...
15:48, 07/16/2019

Arby’s Has an Answer to Plant-Based Meat: A Meat-Based Carrot Amid rising demand for beef alternatives, major restaurant chains remain skeptical. One has vowed never to offer it, while others are taking a wait-and-see approach....
15:24, 07/16/2019

Bleak German mood weighs on Europe, Brexit pummels pound Darkening German investor morale and fresh Brexit woes cast a shadow over European markets on Tuesday, with German benchmark bond yields coming under pressure and the pound plunging to six month-lows ...
15:12, 07/16/2019

Husqvarna cools on 2019 margin after chill dents lawn mower demand Husqvarna , the world's biggest maker of garden power tools such as robotic lawn mowers, blamed cold weather for a fall in second-quarter sales and said the dip in demand meant it would probably not a...
15:12, 07/16/2019

Amazon offers $10 to Prime Day shoppers who hand over their data Amazon.com Inc has a promotion for U.S. shoppers on Prime Day, the 48-hour marketing blitz that started Monday: Earn $10 of credit if you let Amazon track the websites you visit....
15:12, 07/16/2019

Senate to grill Facebook over plans for Libra cryptocurrency U.S. lawmakers from both sides of the aisle are set to grill Facebook Inc on its cryptocurrency plans on Tuesday, as the project continues to draw intense scrutiny from financial regulators and politi...
15:12, 07/16/2019

Barclays sees Carrefour-Casino merger as possible, pushing up Casino shares Shares in French retailer Casino rose around 2% on Tuesday after Barclays said in a note that a tie-up with larger rival Carrefour could be a possibility "given the difficulties encountered by Casin...
15:12, 07/16/2019

Stock futures flat after JPMorgan results; Goldman Sachs, Wells Fargo eyed U.S. stock futures were trading flat on Tuesday as investors parsed through the earnings report from JPMorgan Chase and awaited results from Wall Street banks such as Goldman Sachs and Wells Fargo....
15:12, 07/16/2019

Domino's Pizza U.S. same-store sales miss estimates, shares fall 6% Domino's Pizza Inc on Tuesday reported second-quarter same-store sales at its U.S. outlets that grew slower than expected as it faced fierce competition from rival pizza chains and third-party delive...
15:12, 07/16/2019

Goldman Sachs profit beats expectations on equity trading, lending Goldman Sachs Group Inc reported a better-than-expected quarterly profit on Tuesday as the Wall Street investment bank benefited from higher equity trading and an increase in lending to its wealthy c...
15:12, 07/16/2019

Oil steadies as U.S. supply concerns ease but Iran tensions loom Oil prices steadied on Tuesday as a resumption of production in the Gulf of Mexico after Hurricane Barry and a boom in U.S. supply from shale oil countered tensions in the Middle East....
15:12, 07/16/2019

Ryanair CEO says confident in 'great' Boeing 737 MAX despite delays Ryanair remains confident in the Boeing 737 MAX and believes the plane will be "warmly welcomed" by customers, Chief Executive Michael O'Leary said on Tuesday after he was forced to half the airline's...
15:12, 07/16/2019

Demand for new designer's ranges lift Burberry sales and shares Strong demand for designer Riccardo Tisci's new fashion ranges helped revenue at British label Burberry grow faster than expected in the first quarter, sending its shares soaring as a high stakes ove...
15:12, 07/16/2019

Ryanair says passenger total for current year may miss target Ryanair expects to fly between 151 million and 153 million passengers in the year to March 31, 2020, Chief Executive Michael O'Leary said on Tuesday, down from an earlier forecast of 153 million passe...
15:12, 07/16/2019

JPMorgan profit beats estimates on lending strength; net interest margin dips JPMorgan Chase & Co reported a better-than-expected quarterly profit on Tuesday as higher interest income and buoyant consumer lending offset lower activity at its trading desks....
15:12, 07/16/2019

Johnson & Johnson beats profit estimates on pharma strength, raises sales outlook Johnson & Johnson raised its full-year sales forecast as demand for its cancer drugs Darzalex and Imbruvica helped it exceed estimates for second-quarter profit on Tuesday....
15:12, 07/16/2019

Wells Fargo profit beats estimates on cost controls, rise in loans Wells Fargo & Co beat analysts' estimates for quarterly profit on Tuesday, as the fourth-largest U.S. bank benefited from an uptick in lending and aggressive cost cutting....
15:12, 07/16/2019

Ryanair halves 2020 growth plans on Boeing MAX delays Ryanair has halved its growth plans for next year due to delays in deliveries of Boeing's grounded 737 MAX jet, lifting shares in rival European airlines which had feared a surge in new capacity wou...
15:12, 07/16/2019

Blackstone Buying Ad-Tech Startup for About $750 Million The deal valued the San Francisco startup at about $750 million, according to a person familiar with the matter. Blackstone is acquiring essentially all of the equity from investors, the person added....
15:00, 07/16/2019

737 MAX Woes Hobble Budget Carrier Ryanair Ryanair said delays in deliveries of Boeing’s 737 MAX passenger jet will lower growth next summer, forcing Europe’s largest budget airline to close some of its bases and make cuts at others this winte...
15:00, 07/16/2019

Wells Fargo tops earnings estimates on strong consumer checking and lending business Wells Fargo's second-quarter earnings report presented investors with a mixed bag as the lender posted stronger checking and consumer lending but slightly lower net interest income....
14:48, 07/16/2019

That Global Ban on Huawei? Not So Much Anymore A UK committee declines to recommend banning Huawei from the nation's telecom networks, as the US prepares to permit some sales to the Chinese company....
14:24, 07/16/2019

How To Make SBI Credit Card Payment Through ATM SBI credit card bill: The bill payment through an SBI ATM enables customer to pay their credit card dues from over 26,000 ATMs without any extra charges, according to lender's website- sbi.co.in. ATMs...
13:48, 07/16/2019

IRCTC Amarnath Yatra: Package Cost, Itinerary, Other Details Here Amarnath yatra: The cost includes flight tickets, hotel and tent accommodation, breakfast and dinner meals, helicopter tickets and registration pass....
13:48, 07/16/2019

BSNL Offers Abhinandan-151 Plan At Rs 151, Details Here BSNL plan news: Bharat Sanchar Nigam's -Abhinandan-151- plan comes with a validity period of 24 days and offers benefits such as unlimited calls. BSNL recharge: Bharat Sanchar Nigam's -Abhinandan-151-...
13:48, 07/16/2019

Government's Plan To Ensure Air India Sale By End Of This Year: Report Air India, which is surviving on Rs 30,000 croretaxpayer-funded bailout, has failed to maintain its market dominance as a slew of carriers including InterGlobe Aviation and SpiceJet started to offer.....
13:48, 07/16/2019

DHFL Shares Bounce Back From 11-Year Low Dewan Housing Finance (DHFL) news:Dewan Housing Finance shares climbed to as much as Rs. 51.40 apiece on Tuesday, marking a gain of 5.98% over the previous close. DHFL shares have plunged sharply over...
13:48, 07/16/2019

Yes Bank Shares Surge, Reclaim Rs 100-Mark After 7 Sessions Yes Bank stock price news: Yes Bank share price today: Yes Bank shares jumped 10.89% jump from their previous close of Rs 93.20 apiece on the BSE. On the National Stock Exchange (NSE), Yes Bank......
13:48, 07/16/2019

You Will Be Able To Quote Aadhaar Instead Of PAN For These Tasks Aadhaar-PAN inter-linking: While the government has allowed quoting of Aadhaar in place of PAN under the Income Tax Act, it has also announced grant of Aadhaar to NRIs on arrival without a waiting......
13:48, 07/16/2019

Why (Almost) Everybody Hates Facebook’s Cryptocurrency Libra Facebook Inc. says its mission is to “bring the world closer together.” Its plans to launch a digital currency called Libra have succeeded in uniting central bankers and financial regulators from arou...
11:24, 07/16/2019

Garden tools maker Husqvarna second-quarter profit just lags expectations Sweden's Husqvarna reported on Tuesday a slightly smaller increase than expected in second-quarter operating profit as savings and price hikes helped offset subdued demand due to a slow start of the ...
10:12, 07/16/2019

Oil falls as U.S. resumes Gulf of Mexico output, boosts shale supplies Oil prices dipped on Tuesday, extending losses from the previous session, as output in the U.S. Gulf of Mexico resumed after Hurricane Barry and as U.S. shale production is set to rise to a record....
10:12, 07/16/2019

New designer's ranges help lift sales at Burberry British luxury brand Burberry on Tuesday reported a pick-up in first quarter sales after it began shifting more new designs by creative chief Riccardo Tisci into its stores as part of a turnaround pl...
10:12, 07/16/2019

South Korean forced labor victims to seek Japan's Mitsubishi asset sale South Koreans forced to work for Japanese occupiers will seek a court order to forcibly liquidate Japan's Mitsubishi Heavy Industries' assets to compensate them, their lawyers said on Tuesday, riskin...
10:12, 07/16/2019

South Korea bourse fines BofA Merrill Lynch branch over irregular trading The Korea Exchange (KRX) said on Tuesday it has decided to impose a 175 million won ($148,655) fine on Bank of America Merrill Lynch's South Korean unit for irregular trading activities....
10:12, 07/16/2019

Bayer shares up 1.8% trade after U.S. Roundup rule Shares in German chemicals company Bayer rose 1.8% in early trade on Tuesday after a U.S. judge slashed a damages award Bayer owes a California man who blamed its Roundup weed killer for his cancer....
10:12, 07/16/2019

Renault sees new model push as softening sales decline French carmaker Renault posted a 6.7% decline in first-half vehicle sales amid a global auto slowdown, but said a forthcoming product offensive would begin to help soften the blow in key markets....
10:12, 07/16/2019

China says misleading to suggest it needs trade deal due to slowing economy China's Foreign Ministry said on Tuesday that it was misleading to suggest Beijing needed a trade deal with the United States because its economy was slowing, following a tweet by U.S. President Donal...
10:12, 07/16/2019

Ryanair cuts 2020 passenger forecast, fearing Boeing MAX delays Europe's largest budget airline Ryanair has cut its forecast for passenger numbers next summer, blaming possible further delays in deliveries of Boeing 737 MAX planes....
10:12, 07/16/2019

Asian shares creep higher as wary investors await U.S. data, earnings Most Asian stock markets rose on Tuesday, but gains were limited as investors awaited U.S. retail sales data and corporate earnings to gauge the health of the world's biggest economy ahead of a likely...
10:12, 07/16/2019

Lighter Loads Weigh on Railroads Freight trains are carrying a shrinking amount of cargo as railroads feel the effects of trade tensions, a slowing global economy and changes to their own systems that are driving customers elsewhere....
09:12, 07/16/2019

Netflix Removes Suicide Scene From '13 Reasons Why' A controversial scene from an episode of the first season of the popular teen drama was edited following a sustained controversy over whether the show increased the risk of teen suicide....
09:12, 07/16/2019

Quibi to Create Daily News Show With NBC Quibi will launch a twice-daily news show in partnership with NBC News, part of a strategy to lure viewers to its short-form streaming service every day....
09:12, 07/16/2019

PG&E Makes Thousands of Repairs California utility PG&E said it is working to fix nearly 10,000 problems it discovered throughout its electrical system as it steps up efforts to prevent its equipment from sparking more wildfires....
09:12, 07/16/2019

|ForensicprobeflagsR1.2billionin'suspicioustransactions'atEOH An investigation by law firm ENSafrica has found evidence of 'unsubstantiated payments, tender irregularities and other unethical business practices' at the ICT group....
09:00, 07/16/2019

Sensex Gains Over 100 Points, Nifty Crosses 11,600 Mark Domestic stock markets moved higher after initial nervousness on Tuesday, amid mild gains in Asian peers. The S&P BSE Sensex benchmark index moved in a range of 165.34 points, between 38,845.27 and......
06:36, 07/16/2019

Air India Announces New International Flights, Check Routes Here In a separate offer, Air India is offering 10 per cent discount on international flight tickets under its "Monsoon Bonanza Offer". Bookings under the sale can be made till August 10. The discounted......
06:36, 07/16/2019

Vale to pay $106.5 million to workers affected by Brazil dam disaster Brazilian mining company Vale SA said on Monday it would pay 400 million reais ($106.52 million) to compensate workers affected by the deadly rupture of a tailings dam in January that killed at least ...
04:36, 07/16/2019

Pearson goes 'digital first' in U.S. college market Pearson, the world's biggest education company, will release all its titles for the United States college market in digital form first, in a break from the traditional and more expensive textbook publ...
04:36, 07/16/2019